Painting and Wall Covering Contractors Revenue Benchmarks

How much does the average painting and wall covering business make? Here are revenue benchmarks based on Census Bureau data.

Average Revenue

$863K

per year

💰

Profit Margin

7.0%

industry average

📈

Revenue / Employee

$168K

per year

👤

Total Businesses

37,113

in the US

🏢

Est. Owner Income

$60K

small business avg

💵

Labor Cost

30.0%

of revenue

👥

Avg Employee Wage

N/A

per year (BLS)

💼

Market Saturation

11.2

firms per 100K people

🎯

💰 Average Revenue by Business Size

1-4 employees
$214K
5-9 employees
$917K
10-19 employees
$2.1M
20-99 employees
$7.0M
100-499 employees
$30.6M
500+ employees
$195.3M

🏆 Highest Revenue States

1.Hawaii$2.0M avg2.Texas$1.8M avg3.Louisiana$1.4M avg4.Nevada$1.3M avg5.Tennessee$1.2M avg6.California$1.2M avg7.Arizona$1.2M avg8.Missouri$1.1M avg9.West Virginia$1.1M avg10.Delaware$1.1M avg

📊 Industry Dynamics (Census BDS 2023)

New Business Rate

12.52%

openings/year

Closure Rate

12.01%

closings/year

Net Job Growth

+0.76%

annual

Businesses Closed

11,043

in 2023

Firm Count Trend

19
20
21
22
23
103,117 firms109,078 firms

💡 Should You Start a Painting and Wall Covering Business?

Startup Cost

$25K – $150K

Break-Even

17 months

5-Year Survival Rate

52.0%

🆚 Related Industries

Residential Remodelers$581KPlumbing, Heating, and Air-Conditioning Contractors$2.4MElectrical Contractors and Other Wiring Installation Contractors$2.7MNew Single-Family Housing Construction (except For-Sale Builders)$766KSite Preparation Contractors$2.5M

Compare Painting and Wall Covering Contractors revenue with other industries:

vs Residentialvs Plumbing,vs Electrical